600 Parliament Street, Toronto (North St. James Town), Ontario

$5,800,000

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4,919

Square feet

About 600 Parliament Street

7% Plus Return In Downtown Toroto , An Exceptional Investment Opportunity Awaits At 600 Parliament Street, Ideally Situated In Vibrant Downtown Core. This 4,300 Sq.Ft.+ Income-Producing Property Offers Established Short- And Long-Term Leases, Providing Strong Occupancy And Reliable Cash Flow From A Diverse Tenant Base. This Building Features 10 Rental Units, It Presents A Rare Opportunity To Significantly Increase Rental Income And Take Advantage Of Toronto's Rapidly Growing Demand For Flexible Investments Options. In This High-Density Urban Area, The Property Delivers Immediate Income Stability While Offering An Established Laundromat with Strong Revenue, A Trusted Community Staple Serving Both Tenants And Local Residents. With Many Nearby Apartment Buildings Lacking In-Unit Laundry, The Business Attracts A Loyal, Repeat Customer Base, Generating Consistent Secondary Income That Perfectly Complements This Property Achieves An Impressive 7%+ Return And Potential Future Service Expansion. (id:6289)

More Info on this North St. James Town MLS® listing

600 Parliament Street is a listing for sale in Toronto (North St. James Town). The MLS® number is C13591754. It covers 4,919 square feet. It's currently listed for $5,800,000. For more details on MLS® C13591754, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in North St. James Town is available now!

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Features of 600 Parliament Street

Listing # C13591754
Price $5,800,000
Square Footage 4,919
Type Business

Community Information

Address 600 Parliament Street
Area North St. James Town
Subdivision North St. James Town
City Toronto (North St. James Town)
Province Ontario
Postal Code M4X1R2

Amenities

Parking Spaces 3
Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=20.37 x 110.39 FT

Additional Information

Zoning Commercial

Listing Details

OfficeFIRST CLASS REALTY INC.

Listing Map

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